Project Number:
09-23
Research Project:
Transportation Forecast for Southern California
P.I. Name & Address:
Kristen Monaco
California State University at Long Beach
Department of Economics
1250 Bellflower Boulevard
Long Beach, CA 90840
Email: kmonaco@csulb.edu
Website: http://www.csulb.edu/~kmonaco/
Phone: (562) 985-5076
Fax: (562) 985-5804
Co-P.I.
Guy Yamashiro
California State University at Long Beach
Department of Economics
1250 Bellflower Boulevard
Long Beach, CA 90840
Email: gyamashi@csulb.edu
Website: http://www.csulb.edu/~gyamashi/
Project Objective:
Though there are many forecasts of the U.S. macroeconomy, the regional economy of Southern California, and the volume and value of trade through the Ports of Los Angeles and Long Beach, there is no extant forecast that combines all of these components into comprehensive forecasting model that links these interdependent forecasts. The goal of this research project is to develop such a model, and make the forecast data and results publicly available through a website that will be updated regularly.
Task Descriptions
The tasks and schedule are based upon a project duration of 9 months
Months 1-3: compile data sets and begin the development of the system of equations that comprise the model
Months 4-6: initial estimation and assessment of models. Incorporate newly available data and revise models
Months 7-8: write draft report and develop web page. Circulate draft report and present initial findings at regional conference for feedback
Month 9: Submit draft report and present final models and data on webpage
Milestones, Dates:
August 15, 2008 – September 14, 2009
Total Budget:
$74,299
Student Involvement:
One graduate student at 25% for 9 months
Relationship to Other Research Projects:
Related to 08-17; part of the goods movement focus area
Technology Transfer Activities:
Project report will be posted soon
Potential Benefits of the Project:
This project will develop a model that links interdependent forecasts of the U.S. macroeconomy, the regional economy of Southern California, and the volume and value of trade through the Ports of Los Angeles and Long Beach
TRB Keywords:
Comprehensive forecasting model, Port of Los Angeles, Port of Long Beach
